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So the figures i gave was to illustate the example using simple maths. double the value, half the yield. But yes the house i rent has gone from £70k to about £110k but i have had one person renting all that time in a non affluent area so i have only increased the rent once since i bought it, but still achieve the yield in excess of 7% so I'm happy, especially as my Return on Equity is much higher than that. But whenever I make financial appraisals on my investments its on my current value as its that current value that i can utilise in other ways, not the value when i first bought the asset.
Also for the other poster, you do get an annual capital gains allowance, and the house is in mine and my wifes name, so we get that x2
Porsches PUTS will be in big doo doo by now.
Beo. So are you saying the value of your rental house has doubled, but the rent you charge has stayed the same? If so, I think you need to put the rent up. Also if you compare the vod sp with house prices, house prices have doubled in the time that the vod sp has halved , approx. so should not be compared. If I bought vod today the divi yield on my investment would be about 9%. If then the sp falls to half what it is now, 40p approx, & the divi stays the same, my investment divi yield would still be 9%, but the divi yield at the lower price would be double that,18% so only aplies to new investors, not those who bought at the higher price. But thanks for your input, & we will agree to dissagree. Cheers.
Beo, years ago i was in house rental, its a really really good way to long term save.. except when you sell , you pay 40% cap gains tax in one go in one year... not even yearly allowance against it .. thats not fair for you.
vod, an amazing time co add cause you can buy a share that whilst not at bottom must be near it, blue chip, high divi, a chance of huge rerate one day ( chance1) 230 many years ago, low 70 now 80
Now ive got the big stable ones in place im looking for a couple which could ten bag with risk. maybe ggp caspian sunrise arianna or uranium etf
and a way out of tax on fab ulous vod 9.7pc dividends. could a n accumalation fund holding vod be better.....
Landlords are the worst kind of scum ain't they.
They is similar to ticks and tapeworms.
does porsche have anything good to say about any shares? seems to be on a couple of threads ****ging them off
Sorry wrong site should have been on PHNX, Doesn't take much to confuse me happens to a lot of people in their 70
I look at the yield of a company I hold at todays price and the price I brought them at, then see the valve it is at and check to see if I brought another company (Taking into account the cost of buying) what yield I would get with that company. Everyone has different views and ideas and I like to heard other people views as long as they are not like Porsche.
Brought a few thousand this morning at 5.15, why is the price so low after what everybody said was a good report.
Porsche if you do read this you never got back to me with list of good UK companies to in vest in
Have to agree to disagree. I rent out houses too and its similar to that. Why base my yield on the purchase price of £50k and delude myself I'm getting a good return when in essence the house is now worth £100k and my income has stayed the same, I'm now getting half the yield and its this lower Yield I would compare against to other forms of investment with regards how good it is. Any form of investment appraisal would look at the net realisable value now and compare that against alternatives. Don't get me wrong, in the case of analysing your overall return on a share you would your the purchase price and cum dividend's to work out your ROI, but in terms of go forward returns, no you shouldn't use an historical purchase price
Beo. I totally dissagree. You should always base your yield on your average purchase price, unless you want to delude yourself. Of course if you are buying today, thinking of selling, or just comparing, then that is different.
Really thought the SP would retrace somewhat to mid 70's by this weekend. Personally think the big guys are holding this up somewhat with there off book buys/sells, or perhaps they think its undervalued in their minds and they are making the 5-10% they need to survive. Said before I believe this could be the next Rolls Royce share and with VOD looking at selling off assets again, it may all help in the short term. Question is do we think it will retrace, thus we take 10-15% return now on part of your holdings or do we wait long term.
Ono was purchased for €7.2b in 2014.
Currently valuing at over €5b.
Don't mess with the mega trend reversal.
Here we go chaps... thought somthing was bubbling last week... we are always last to know.
Well you shouldn't appraise your financials using your purchase price. Should use current SP, what return can you get in comparison if you sold up today and invested elsewhere, not to then compare it against what you bought it at
Up 1.70% now. 2.7% since jaxs post.
He is a great addition to our board!
Keep post rubbish Jax, let's see how high we can go!
I cannot see how buying Ono is Spain for $10 billion and now be looking to offset Spain assets for around $4-5 billion can be seen as good business..... if they do sell then how much debt will remain on their books as a result of not receiving enough to pay it all off???
That is one of the problems with the Telecoms , they have some debts from assets they no longer have or the assets are no longer worth the value of the debt ...
Paying $10 billion for Ono including debt was clearly ...not a smart financial move ... and they were never able to make progress in such a highly competitive market with a very strong Telefonica and competitive Orange
An investment company clearly thinks they are buying undervalued assets if indeed they pursue it with an offer
They would lose 9% of the Group service revenue if they sold out of Spain completely and €3.9 billion of annual revenue
It would certainly be admitting defeat
https://www.xm.com/research/markets/allNews/reuters/zegona-seeks-financing-to-buy-vodafones-spanish-unit-expansion-53647211
Is it too later in the week to make a final SP prediction?
5B coming in from Spain and a further 5B from India should help reduced debts which will in turn strengthen dividends .Plus wasn’t r largest share seeking approval to increase its stake to 25% which was expected to take a couple of months ?
If Spain sale is announced I expect the SP to jump back over the £1 mark. Or if it's 50% sale only, over 90p at least. Rough math.
Hi Pom,
For Dividend data that is free (and I find accurate and up to date) try dividenddata.co.uk.
Yahoo Finance will give a crude 'Forward dividend & yield' but I am sure there are better ones - just cannot recall at present. I find best approach to Div yield anyway is to work out for myself as Dividend Yield for you depends on your purchase price, not current price!
cheers
Yep you sure do keep the price moving up - everytime you post your cr*p it reverses haha
Glad you are posting this morning Jax, you normally pull the sp up considerably throughout the day.
You got it from 70 all the way up to 80!
Yep definitely looks up lol
80s is way too high for this pos
My previous post was meant to be in response to Mrlong's post. I think things are definitely looking up at Vodafone.
This might just fly today!